Minnesota SF1968 modifies individual income tax rates for different filing statuses.
Minnesota SF1968 amends the state's income tax rates for various filing statuses. For married individuals filing jointly, the bill sets tax rates of 2.8% on income up to $38,770, 6.8% on income between $38,770 and $154,020, 7.85% on income between $154,020 and $269,010, and 9.85% on income over $269,010. Unmarried individuals face rates of 2.8% on income up to $26,520, 6.8% on income between $26,520 and $87,110, 7.85% on income between $87,110 and $161,720, and 9.85% on income over $161,720.
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